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Streaming Platform Iflix, Rival To Netflix In Emerging Markets, Raises $50M+...

Deadline reports: "Video streaming platform Iflix, which competes with Netflix in Southeast Asia and other emerging markets, says it has raised more than $50M in its latest...

Microsoft Invests $1 Billion In OpenAI To Pursue Holy Grail Of...

The Verge reports: "Microsoft is investing $1 billion in OpenAI, a San Francisco-based research lab founded by Silicon Valley luminaries, including Elon Musk and...

STX Nears Deal to Secure Saudi Arabia Financing

Hollywood Reporter reports: "Following a string of box-office duds, STX Entertainment will shore up its cashflow with an investment from Saudi Arabia. Sources tell The...

Saban Music Group Launches With $500 Million Investment

Hypebot reports: "Billionaire investor Haim Saban, Chairman of Saban Capital Group, is teaming with music industry veteran Gustavo Lopez to launch Saban Music Group...

Horizon Blockchain Games Raises $3.75 Million and Debuts SkyWeaver Online Trading...

VentureBeat reports: "Horizon Blockchain Games has raised $3.75 million in seed funding and it has unveiled its debut blockchain game, SkyWeaver, which offers true...

Landr Raises $26 Million For AI-Powered Music Creation Tools

VentureBeat reports: "Landr, a Montreal-based startup developing an AI-powered creative platform for musicians, today announced that it has closed a $26 million series B...

Patreon Raises $60 Million to Take Membership Funding Model to a...

Billboard reports: "Patreon -- the membership funding platform that lets fans support musicians like Pentatonix and Amanda Palmer with monthly payments -- has raised...

James Murdoch Invests $20 Million in The Void, a Location-Based VR...

Variety reports: "James Murdoch, former CEO of 21st Century Fox, has invested $20 million in The Void, a startup specializing in location-based virtual reality...

Digi-Capital: Investors Poured $9.6 Billion Into Game Deals In Past 18...

VentureBeat reports: "Investors poured $9.6 billion into game companies in past 18 months, but acquisitions and initial public offerings (IPOs) dropped to levels not...

Podimo Raises €6M To Become Europe’s ‘Netflix For Podcasts’

TechCrunch reports: "Podimo, a Copenhagen-based startup building what it hopes will become Europe’s “Netflix for podcasts,” has raised €6 million in seed funding prior...